A invests $\text{Rs }10000$ for $8$ months and B invests $\text{Rs }16000$ for $5$ months. Their profit-sharing ratio is:
Practice this question from Chapter Mock 2: Ratio, Proportion and Partnership, with options and an explanation.
Question
A invests $\text{Rs }10000$ for $8$ months and B invests $\text{Rs }16000$ for $5$ months. Their profit-sharing ratio is:
Option A
5:4
Option B
4:5
Option C — Correct answer
1:1
Correct choice.
Option D
2:1
Explanation
Compare weighted capital: $10000\times8:16000\times5=80000:80000=1:1$.